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Bulgaria to ask for EU assessment on its readiness to adopt euro next year - REUTERS
SOFIA, Feb 24 (Reuters) - Bulgaria will ask the European Commission and the European Central Bank for an assessment on whether the Balkan country meets all criteria to join the euro zone in January next year, its finance minister said on Monday.
"The latest data showed Bulgaria had met the inflation target," Finance Minister Temenuzhka Petkova said, referring to its inflation rate of 2.6% in February.
To join the euro zone, a country's inflation rate cannot be higher than 1.5 percentage points above the rate of the three best-performing member states.